Archived News

13/09/2012 (Bernama) - Sudan is still safe and stable to do business and invest in, with many major foreign companies already investing there, according to its Ambassador to Malaysia, Nadir Yousif Eltayeb.

13/09/2012 (Bernama) - The government has been asked to provide more assistance to smallholders under Budget 2013 in efforts to spur them to produce high quality oil palm fruits.

13/09/2012 (Bernama) - Prime Minister Datuk Seri Najib Tun Razak today announced seven projects under the Economic Transformation Programme, with a total investment value of RM5.607 billion.

13/09/2012 (The Guardian) - Researcher have demonstrated how ointment from palm tree leaves could be used to achieve significant pro-healing activity in infected wounds and breast cancer when topically applied by affecting various stages of healing process.

13/09/2012 (Mongabay.com) - The European Union may cap the use of crop-based biofuels over fears they can drive up food prices and aren\'t effective in reducing greenhouse gas emissions relative to conventional fuels, reports Reuters.

13/09/2012 (Hindu Business Line) - Groundnut oil, cotton refined oil and rapeseed oil declined further by Rs 10, Rs 3 and Rs 3 for 10 kg each on Wednesday on improved prospects of standing crops and selling. Weak Malaysian palm oil futures cooled palmolein by Re 1 in domestic markets. A trader said: “Improved prospects for standing kharif crops and positive outlook for rabi crops in producing areas led to selling of stocks under which g, cotton and mustard/rapeseed oils are most affected”.

13/06/2012 (Borneo Post) - Special Commissioner of Income Tax (SCIT) yesterday ruled in favour of a local oil palm company in an appeal case involving a claim for reinvestment allowance on the huge amount of capital expenditures incurred on opening up land for the cultivation of oil palm fruits.

13/09/2012 (Business Mirror) - Senate probers moved to expand their ongoing Senate inquiry into the P500-million rice-smuggling case at the Subic Freeport to include questionable importations of palm oil and other food products that threatens to put local industries out of business.

13/09/2012 (The Sun Daily) - Crude palm oil (CPO) prices are expected to hover around the RM3,000 per tonne level for the remainder of the year as demand for the commodity is still sustainable, said Malaysian Palm Oil Board (MPOB) chairman Tan Sri Shahrir Abdul Samad.

13/09/2012 (The Star) - Crude palm oil futures fell to the lowest since mid-August on Wednesday on investors' concerns about rising stockpile, with PPB Group and Batu Kawan among the major losers.

12/09/2012 (Reuters) - Malaysian crude palm oil futures slipped on Tuesday to their lowest in nearly a month, as traders turned cautious about high stocks and ahead of key reports by the U.S. Department of Agriculture (USDA) due this week.

12/09/2012 (The Star) - Shares of PPB Group Bhd continued to hover at a more than three-year low on Tuesday at RM12.62 in the absence of fresh catalysts and in line with the weaker crude palm oil (CPO) and equities markets.